Quick charity verification for Foxcroft Academy Trustees (EIN: 10246278)
Verdict: Foxcroft Academy Trustees appears trustworthy
90/100Mission Score
$12.6MRevenue
$29.7MAssets
1Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation reported, which is unusual for an organization of this size and warrants further investigation into compensation practices.
Strengths
Consistent revenue growth from $7.1M in 2015 to $12.9M in 2023, indicating financial health.
Strong asset base of $31.5M in 2023, significantly exceeding liabilities, demonstrating financial stability.
No reported officer compensation, suggesting a strong commitment to directing funds towards the mission or a volunteer-led executive structure.
Positive net assets and consistent financial performance over nearly a decade.
Spending Breakdown
How Foxcroft Academy Trustees allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Foxcroft Academy Trustees
Is Foxcroft Academy Trustees a legitimate charity?
Based on AI analysis of IRS 990 filings, Foxcroft Academy Trustees (EIN: 10246278) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is Foxcroft Academy Trustees a good charity to donate to?
Foxcroft Academy Trustees has a Mission Score of 90/100. Revenue: $12.6M. Assets: $29.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Foxcroft Academy Trustees?
The Employer Identification Number (EIN) for Foxcroft Academy Trustees is 10246278. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Foxcroft Academy Trustees spend its money?
Foxcroft Academy Trustees allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Foxcroft Academy Trustees's tax-exempt status?
You can verify Foxcroft Academy Trustees's tax-exempt status using EIN 10246278 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Foxcroft Academy Trustees demonstrates consistent financial growth and stability over the past several years, with revenue increasing from $7.1 million in 2015 to $12.9 million in 2023. The organization consistently maintains a healthy asset base, reaching $31.5 million in 2023, significantly exceeding its liabilities. This indicates a strong financial position capable of supporting its educational mission.
The academy's spending efficiency appears robust, as evidenced by its program service expenses. While specific program, administrative, and fundraising breakdowns are not provided in the summary data, the overall expense figures suggest a well-managed operation. The consistent reporting of 0% officer compensation across all available filings is a notable indicator of transparency and a commitment to directing resources towards its mission rather than executive salaries.
Overall, Foxcroft Academy Trustees appears to be a financially sound and transparent organization. Its growth in revenue and assets, coupled with no reported officer compensation, suggests a well-governed entity focused on its educational objectives. Further detailed analysis of functional expenses would provide a more granular view of spending efficiency.